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October 10, 2014

What We’re Hearing: Ocwen Feels the Pain / Investors Bolt Ocwen / What Happens When You Don’t Originate Enough Loans / Steven Horne of Wingspan – Is He In or Out? / HUD IG Says, ‘Hey Look What We Did’

By Paul Muolo

Ocwen faces a dilemma. It has a gargantuan MSR portfolio but meager loan production. At some point, something has to give…

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Poll

With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

Yes, definitely. We’re planning a launch.
No. It’s still difficult compliance/regulatory-wise.
Maybe. It’s under consideration.
Not now. But things could change as 2018 progresses.

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